turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

MDS3
Level 1

Series I Savings Bond 1099-INT & 1099-B says "No Reportable Transactions"

I earned interest in 2023 on several Series I Savings Bonds. However, the 1099-INT & 1099-B says "No Reportable Transactions" and has no $ amounts on any of the numbered boxes. Do I need to report these on my 2023 return? 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
MDS3
Level 1

Series I Savings Bond 1099-INT & 1099-B says "No Reportable Transactions"

https://www.irs.gov/pub/irs-pdf/p550.pdf

The principal & interest is NOT payable until redemption.

CatinaT1
Expert Alumni

Series I Savings Bond 1099-INT & 1099-B says "No Reportable Transactions"

If you 1099-INT and 1099-B says has no information, there is nothing to report. You are correct, you will not pay taxes until redemption.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
MDS3
Level 1

Series I Savings Bond 1099-INT & 1099-B says "No Reportable Transactions"

Many Thanks @CatinaT1 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies